Kakuzi PLC Land Case: Court Clears Way for 3,200-Acre Restitution in Murang’a
The Environment and Land Court has delivered a landmark ruling ordering the restitution of 3,200 acres of ancestral land in...
Month: April 2026
LG’s Premium Built-In Appliances Shine at Milan
LG Electronics presented a comprehensive portfolio of built-in kitchen solutions from its SKS luxury brand and LG built-in lineup at...
ABC Bank Wins Top Customer Experience Award at 2026 Think Business Banking Awards
ABC Bank has been named the Best Bank in Customer Experience among Tier 3 banks at the Think Business Awards,...
Debate over nicotine alternatives sparks call for regulatory balance
Across North America in 2025, public policy toward nicotine pouches and other non-combustible, smoke-free products revealed a stark divergence in...
Industry players demand reforms to boost Africa’s digital economy
Industry leaders, policymakers and technology stakeholders convened at the 15th annual Connected Africa Summit, held at the Edge Convention Centre,...
How Flexible Payment Models Are Changing the Real Estate Market
Credit financing is emerging as a key growth driver in Kenya’s real estate market, with increasing numbers of buyers turning...
Safaricom improves My One App with smoother navigation and access features
Safaricom has released an updated version of its My One App on both the Google Play Store and Apple App...
Why the LG Bottom Freezer Refrigerator Just Makes Sense
Most of us know the same kind of fridge with freezer on top and fridge below. It’s what our parents...
NCBA Asset Finance Powers City Shuttle Sacco Bus Fleet Expansion
City Shuttle Sacco has received a significant boost to its operational capacity with the delivery of five Isuzu NQR buses, each with a 33-seater capacity, financed by NCBA Asset Finance, aimed at increasing passenger capacity and improving service efficiency across key transport corridors. The buses will be deployed by Crown Premium Limited, operating under City Shuttle Sacco, on separate routes, including Mombasa Road, JKIA, and Utawala. “We know our customers are ambitious, and as they grow their businesses, NCBA promises to be right there to support them in meeting their business and personal needs.” stated James Karinga, Head of NCBA Asset Finance and IPF. “We also want to be the partner that banks on the belief of our clients and provides the support to empower their ambitions.” The NCBA Asset financing framework agreement allows operators to finance up to 90% of the vehicle’s value, offering a repayment period of up to 60 months (5 years) and a 30-day grace period. This enables PSV SACCOs, established transport firms, and individual SACCO members to acquire vehicles through affordable, inclusive, and flexible financial options. Speaking at the launch, the Chairman of City Shuttle SACCO lauded the long-term partnership between the Sacco and NCBA, which enabled the acquisition of a new fleet of buses. “NCBA has supported me at every stage of my 41-year career journey. Each time I walked in with an ambitious goal, they found a way to make it possible,” said Michael Kariuki. “City Shuttle SACCOs’ bus fleet has grown from 17 to 22 buses with NCBA’s support and their trusted dealer partners; they’ve truly walked this growth journey with us”. James Karinga, NCBA’s Head of Asset Finance, affirmed that the bank is dedicated to expanding its presence in the PSV segment this year by supporting key operators. Industry analysts see the leasing framework as a scalable growth mechanism, with comparable asset-backed financing models gaining popularity in other East African markets in deploying capital for the PSV sector.
LG Rewards Winners in Thrilling #TrekToLove Finale at Karura Forest
Connection, teamwork and shared experiences took center stage at Karura Forest as LG Electronics East Africa and its main distribution...
